Why $90,000 Is the Line Bulls Must Defend
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Despite improving indicators, Bitcoin’s near-term fate hinges on holding the $90,000 level. The BTC/USD pair has been consolidating between $90,000 and $92,000, with $90K acting as a key psychological and technical support zone. Analysts note this level aligns with the 200-period moving average on lower time frames and the lower boundary of a broader chart pattern.
If $90,000 holds, bulls may retain control and push for another leg higher. But a decisive weekly close below it could shift momentum bearish, opening the door to deeper pullbacks toward the $80,000–$85,000 region — and potentially lower if macro pressure intensifies.
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90k feels like the line in the sand rn, everything hinges on that level
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89K - Bitcoin dead